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RE/MAX PREMIER INTERNATIONAL INC., Brokerage logo

Frank Merigliano

Team Leader - VIPCondosToronto / Sales Representative - RE/MAX PREMIER INTERNATIONAL INC., Brokerage

RE/MAX PREMIER INTERNATIONAL INC., Brokerage · Independently Owned & Operated

1885 Wilson Avenue, Toronto, Ontario, M9M 1A2

Phone: 416-885-0172

Listing data is provided under license from the Toronto Regional Real Estate Board (TRREB). TRREB assumes no responsibility for the accuracy of the information contained herein. Data is updated periodically and may not reflect the most current market activity. Not intended to solicit buyers or sellers currently under contract. MLS®, REALTOR®, and the associated logos are certification marks owned by the Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA.

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Home/Promenade Park Towers Condos/2B

2B

Available

$860,900

$1,019/sq ft

2 Bed·2.0 Bath·845 sq ft·North East·$1,019/sq ft

Bedrooms

2 Bed

Bathrooms

2.0

Size

845 sq ft

Exposure

North East

2B Floor Plan at Promenade Park Towers Condos - 845 sq.ft
Click to enlarge

Floor Range: 2-7 | Unit Number: 02

Price History

$663K$712K$762K$811K$861KOct 19Jan 20Feb 23

Launch Price

$662,900

$784/sq ft

Oct 10, 2019

Current Price

$860,900

$1,019/sq ft

▲$198,000 (+29.9%)

Deposit Structure

Deposit breakdown for this unit priced at $860,900

(15% + 5%) $5,000.00 On Signing Balance to 5% - 30 days 2.5% - 90 days 2.5% - 180 days 5% - 370 days 5% - Occupancy

MilestoneRateAmountCumulativeDue Date
$5,000.00 On Signing$5,000.00$5,000$5,000On Signing
Balance to 5% - 30 daysBalance to 5%$38,045$43,045Jun 15, 2026
2.5% - 90 days2.5%$21,523$64,568Aug 14, 2026
2.5% - 180 days2.5%$21,523$86,090Nov 12, 2026
5% - 370 days5%$43,045$129,135May 21, 2027
5% - Occupancy5%$43,045$172,180At Occupancy
Total Deposit20.0%$172,180

845 sq ft × $0.59/sq ft = $499/mo

Add-ons

Monthly Mortgage (P&I)$3,651
Property Tax (est.)$466
Maintenance Fees$499
Total Monthly Cost$4,616

Down payment: $172,180 (20%) · Mortgage: $688,720

Estimates only. Property tax rate: 0.65%. Actual rates may vary. Consult a mortgage professional for accurate figures.

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Resale MarketLive MLS
Est. Rent$2,675/mo
Est. Gross Yield3.7%

Active MLS Listings — Same Unit Type

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Recently Sold — Same Unit Type

2 sold listings available

Sign in to view sold prices, dates, and trends

Building Market

Developer
$1,019/sqft
1available
$861K
For Rent
$3.75/sqft
381on MLS
19 avg DOM
$2K–$4K